As we brace through the biggest crisis hitting the modern world, Hero Cycles is crafting strategies to utilise its scale and volume to emerge as a global behemoth of cycles. Already the largest globally it is adding value with high-tech Cycles and e-Bikes to transform mobility in the era of social distancing. Pankaj Munjal, Chairman & Managing Director of Hero Cycles spoke to ETAuto in an exclusive interview.

Hero Cycles had acquired UK-based Avocet Sports in 2015, and it will be using its already existing distribution network to make the product available to a wide section of consumers in the UK/EU market.

The manufacturing facility with an annual capacity of 20,000 units will be used to cater to not only the Indian market but also other overseas markets in Southeast Asia and the UK market in the near future.

Gowda is among 350 delivery personnel working for companies such as Swiggy, BigBasket and Ekart who have signed up to buy these bicycles from Hyderabad-based electric vehicles startup Gayam Motor Works (GMW).

India largely moves on two-wheelers, with almost one-third of households owning one. Whereas the car-owning households stands at around 11%. When we talk about Electric Vehicles, most of the governments thrust is on electric cars only. However, e-bikes are another rapidly emerging segment globally in the field of electricity powered vehicles. Electric bikes are an evolved version of the conventional bicycles, fitted with a smart electric motor to enable motorized pedaling along with an optional Read more..

India largely moves on two-wheelers, with almost one-third of households owning one. Whereas the car-owning households stands at around 11%. When we talk about Electric Vehicles, most of the governments thrust is on electric cars only. However, e-bikes are another rapidly emerging segment globally in the field of electricity powered vehicles. Electric bikes are an evolved version of the conventional bicycles, fitted with a smart electric motor to enable motorized pedaling along with an optional Read more..

In order to exhibit the model stretches of national highways as per norms, NHAI plans to develop 57 stretches of NH (1,735 kms) across the length and breadth of the country near each state capital, the NHAI official said. These model stretches will serve as a platform to instruct the highway engineers.